European Council

The Council formally adopted a regulation that sets a market correction mechanism to protect citizens and the economy against excessively high prices. The regulation aims to limit episodes of excessive gas prices in the EU that do not reflect world market prices, while ensuring security of energy supply and the stability of financial markets.

EU energy ministers today formally adopted a Council regulation laying down a temporary framework to accelerate the deployment of renewable energy projects.

The Council approved an agreement on fishing opportunities for 2023 between the EU and the United Kingdom, as well as for certain deep-sea stocks for 2023 and 2024, securing the fishing rights of EU fishers in the Atlantic and the North Sea, and providing them with stability ahead of the coming fishing season.

The EU issued a statement congratulating the Government of Ethiopia and the Tigray People's Liberation Front on the signing of the Agreement for Lasting Peace through a Permanent Cessation of Hostilities and for the subsequent Declaration of the Senior Commanders on the Modalities for the Implementation of the CoHA.

The EU issued a statement condemning the additional restrictions by the Taliban to the right of education of girls and women in Afghanistan.

The Eurogroup welcomes the submission of the updated draft budgetary plan for 2023 of Italy on 24 November, as well as the Commission Opinion issued on 14 December 2022.

EU member states’ ambassadors today agreed the Council’s negotiating mandate on the revised Generalised Scheme of Preferences (GSP) regulation that grants trade preferences to developing countries.

Council agrees position on establishing a framework for the recovery and resolution of insurance and reinsurance undertakings (IRRD).

EU member states reach a common position on a proposed update of the central securities depositories regulation (CSDR).

The Council today agreed its position on the proposed regulation reviewing the regulation of the markets in financial instruments by enhancing market data transparency

The Council reached an agreement on a proposal to track and reduce methane emissions in the energy sector. The text, that will now be negotiated with eth European Parliament is the first of its kind and a crucial contribution to climate action, as methane is the second most important greenhouse gas following carbon dioxide.

Ministers agreed on a Council decision requesting the European Commission to provide a complementary study to its existing impact assessment on the sustainable use of plant protection products.

EU energy ministers today reached a political agreement on a Council regulation that sets a market correction mechanism to protect citizens and the economy against excessively high prices. The regulation aims to limit episodes of excessive gas prices in the EU that do not reflect world market prices, while ensuring security of energy supply and the stability of financial markets.

The Council decided to temporarily deploy a transitional Planning Assistance Team with the objective of planning and preparing a possible future civilian CSDP mission in Armenia.

Main agenda items, approximate timing, public sessions and press opportunities.

The Council reached an agreement on a proposal to track and reduce methane emissions in the energy sector. The text, that will now be negotiated with the European Parliament, is the first of its kind and a crucial contribution to climate action, as methane is the second most important greenhouse gas following carbon dioxide.

Council adopts decision on offsetting requirements for air transport emissions (CORSIA).

Weekly schedule of President Charles Michel, 19 - 25 December 2022

The Council and the European Parliament reached a provisional political agreement on important legislative proposals of the ‘Fit for 55’ package that will further reduce emissions and address their social impacts. The deal is provisional pending formal adoption in both institutions.

The Council imposed restrictive measures on an additional 141 individuals and 49 entities in respect of the escalating Russian military aggression against Ukraine.